Four months after its launch, the weekly trading volume of the spot Ethereum ETF hit its highest level since its launch in August. In the past week, the trading volume of the Ethereum ETF exceeded $1.63 billion, an increase of more than 44% from the previous week.

In addition, from mid-August to the end of October, the spot ETH ETF trading volume declined and stagnated, averaging only $168 million per day. However, this figure has soared in the past week, with an average daily trading volume of more than $326 million.